RNS Number : 0220Q
Rentokil Initial PLC
13 December 2024
 

Rentokil Initial plc (the "Company")

13 December 2024

 

Notification of a transaction by a Person Closely Associated ('PCA') with a Person Discharging Managerial Responsibility ('PDMR')

 

The Company hereby announces that Trian Fund Management, L.P., a PCA of Brian Baldwin (a Non-Executive Director of the Company), has purchased 7,500,000 ordinary shares in the Company at a price of 413.4137 pence per share on 11 December 2024.

 

The relevant notification set out below is provided in accordance with the requirements of Article 19 of the UK Market Abuse Regulation.

 

1

 

Details of the person discharging managerial responsibilities / person closely associated

a)

 

Name

 

Trian Fund Management, L.P.

2

 

Reason for the notification

 

a)

 

Position/status

 

Person Closely Associated with a Person Discharging Managerial Responsibilities (Brian Baldwin, Non-Executive Director)

b)

 

Initial notification /Amendment

 

Initial notification

3

 

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

 

Name

 

Rentokil Initial plc

b)

 

LEI

 

549300VN4WV7Z6T14K68

4

 

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

 

Description of the financial instrument, type of instrument

 

Identification code

 

Ordinary shares of 1p each

 

 

ISIN: GB00B082RF11

b)

 

Nature of the transaction

 

Purchase of shares by certain funds managed by Trian Fund Management, L.P.

c)

 

Price(s) and volume(s)

 

 

 

Price(s)

 

Volume(s)

£4.134137 (weighted average)

7,500,000

d)

 

Aggregated information

 

- Aggregated volume

 

- Total price

 

 

 

7,500,000

 

£31,006,028

e)

 

Date of the transaction

 

2024-12-11

f)

 

Place of the transaction

 

London Stock Exchange (XLON)

 

Enquiries:

Rachel Canham, Group General Counsel & Company Secretary  

Tel: +44 (0)1293 858000

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